Wayfair, an early e-commerce disruptor, wants to focus more on physical retail and has decided to exit the German market and ...

Wayfair stock fell Friday morning after the online furniture seller said it was shutting down its business in Germany and cutting a little over 700 jobs in a bid to focus on more profitable growth ...

The cuts follow thousands of jobs eliminated across the online furniture seller worldwide over the past two years.

Online furniture retailer Wayfair said on Friday it would lay off 730 employees as it exits the German market to focus on ...

Wayfair has decided to exit the German market. The company will now focus on its more established international markets, including Canada, the UK, and Ireland.

Wayfair has faced significant challenges in expanding its market presence and enhancing unit economics in Germany.

While the home furnishings category may manage a slight comeback this year, Wayfair has more challenges than most.

In a report released yesterday, Simeon Gutman from Morgan Stanley maintained a Buy rating on Wayfair (W – Research Report), with a price target ...

Wayfair says it expects that about half of the impacted positions will be relocated to other corporate offices. Wayfair is exiting the German market in a move that will impact over 700 employees ...

Mizuho Securities analyst David Bellinger has maintained their bullish stance on W stock, giving a Buy rating on January 10.Stay Ahead of the ...

The retailer plans to reinvest the savings from the move into expanding its physical footprint, growing its loyalty program ...

Wayfair is exiting Germany and plans to cut as many as 730 jobs, or 3% of its global workforce. The online home goods company wants to reprioritize investments and sees a better return on other ...